In the 2016 Profile of Real Estate Firms, we surveyed our members for the first time on to learn if firms were family-run businesses and what type of family relationships exists within the firm. Members cited that 50 percent of all firms had some type of family relationship and seven percent of those firms were… Continue Reading In Real Estate, Firms Are A Family Affair
When several real estate businesses complained of overly broad patent-infringement lawsuits, the National Association of Realtors® stepped up. Data Distribution Technologies, a subsidiary of the patent enforcement firm General Patent Corporation, engaged the businesses over the past year disputing the use of a technology-related patent. NAR, however, described the effort as an “overly broad and… Continue Reading With Settlement, Realtors® Claim Patent Abuse Victory
They say necessity is the mother of invention, and when you’re trying to live in small confines, some new thinking might indeed be necessary. However, there are also historic examples that may prove to provide solutions that make downsizing easier. After all, overly-large homes haven’t always been de rigueur. That’s why some developers and builders… Continue Reading What’s Old Is New in Small Home Living
It’s National Singles Week, a week that recognizes single men and women, a population of 107 million Americans. Single men and women make up a large portion of the adult American population – 45 percent to be exact, according to the U.S. Census Bureau. Single men and women have a large impact on the real… Continue Reading Hey, Single Home Owner: You are not alone
Total housing inventory for existing homes has decreased year-over-year for 14 straight months. The situation isn’t much better for the new homes market. According to this morning’s report by the U.S. Commerce Department on August housing starts, building last month was 5.8 percent below July and 0.9 percent lower than a year ago. Difficulties securing financing, permit delays,… Continue Reading Your City Is Most Likely Facing a Housing Supply Crunch
WASHINGTON (September 19, 2016) – Single-family home construction is currently lacking in 80 percent of measured metro areas despite steady job creation and the low activity is creating a housing shortage crisis that is curtailing affordability and threatening to hold back prospective buyers in many of the largest cities in the country, according to new… Continue Reading NAR Identifies Top 10 Markets in Dire Need of More Single-family Housing Starts
WASHINGTON (September 19, 2016) – Since 2003, the National Association of Realtors® has dedicated September as Realtor® Safety Month; this year, as part of ongoing efforts to keep its members safe, NAR has an updated safety report available for members, firms and associations and a mobile app that has been expanded to include safety features.… Continue Reading New Safety Survey, Products and Resources Roll Out For Realtor® Safety Month
Brandon Doyle By Brandon Doyle When you are pioneering your own real estate business, it’s tempting to get completely wrapped up in the myriad managerial and administrative daily duties. But the foundation of all successful real estate ventures is built upon relationships with people, not just in executing a series of transactions. A personal touch… Continue Reading 3 Easy Ways to Build Lasting Client Relationships
Summary: Despite strong gains in 2015, sluggish construction persists Supply constraints are wide spread Prices are likely to continue to rise in markets with inadequate supply in relation to job creation While the homeownership rate tumbled in the wake of the great recession and millions of owners shifted to rentership, the total population and… Continue Reading Construction Gap Improves, but Remains Wide
Photo courtesy of Laura AnnDiaz of Laura Diaz’s Photography and Mandie Maguire, Berkshire Hathaway Home Services By Melissa Dittmann Tracey, REALTOR® Magazine Herringbone is emerging as the pattern of choice in 2016. Herringbone is the arrangement of rectangles that is so named for its resemblance to the bones of fish. This pattern is popping up… Continue Reading Home Design Trends to Watch: The Herringbone Pattern